ATS Reports Q3 Revenue of $760.7M, Beating Consensus
Reports Q3 revenue $760.7M, consensus $722.42M. "Today, ATS reported third quarter results for fiscal 2026," said Doug Wright, CEO. "Results reflected solid organic revenue growth across our diversified portfolio, including continued momentum in services. Order bookings in the quarter reflected activity in multiple end markets. Disciplined execution also supported continued progress on working capital and balance-sheet strength, with leverage ending the quarter at the top end of our target range."
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ATS Q3 Earnings Exceed Expectations
- Strong Earnings Performance: ATS reported a Q3 Non-GAAP EPS of $0.48, beating expectations by $0.16, which highlights a significant improvement in profitability and boosts investor confidence.
- Robust Revenue Growth: The company achieved revenues of $760.7 million in Q3, representing a 16.7% year-over-year increase and exceeding market expectations by $225.19 million, indicating sustained strong market demand driving overall business growth.
- Improved Adjusted EBITDA: Adjusted EBITDA reached $105.2 million, up from $87.5 million a year ago, reflecting the company's success in cost control and operational efficiency.
- Stable Order Situation: Although order bookings were $821 million, down from $883 million a year ago, the order backlog remains strong at $2.053 billion, demonstrating the company's stability in the market and potential for future growth.
ATS Corporation to Report Q3 Financial Results on February 4, 2026
- Earnings Release Schedule: ATS Corporation will report its Q3 financial results for the period ending December 28, 2025, before market open on February 4, 2026, providing critical performance data for investors to assess the company's standing.
- Conference Call Details: The company will host a conference call at 8:30 a.m. Eastern on February 4, 2026, where management will present quarterly remarks and answer analyst questions, enhancing transparency and investor communication.
- Webcast Access: Investors can access the live webcast of the conference via the company's website, ensuring broad participation and information sharing, which strengthens interaction between the company and its investors.
- Replay Service: Following the call, ATS will offer a telephone recording service for one week, allowing investors who could not participate live to access the information, further enhancing accessibility and transparency of information.
CAE Appoints New CFO as ATS Executive Resigns
- Executive Transition: Ryan McLeod, CFO of ATS, will resign on February 15 and join CAE as CFO on February 23, overseeing global finance functions to support the company's strategic growth and operational performance.
- Transition Support: To ensure team continuity, McLeod will closely collaborate with CAE's interim CFO Constantino Malatesta, highlighting the company's commitment to management stability during this transition.
- Future Plans: CAE plans for current CFO Sonya Branco to step down at the end of August 2024, with McLeod's appointment following a comprehensive search process, indicating the company's rigorous approach to executive selection.
- Market Reaction: CAE's stock closed at $34.05 on the NYSE, up $0.90 from the previous day, reflecting a positive market response to the new CFO appointment.
ATS CORP: JP Morgan Increases Price Target to $35, Up from $33
- Target Price Increase: JPMorgan has raised the target price for ATS Corp. to $35 from $33.
- Market Implications: This adjustment reflects JPMorgan's updated outlook on ATS Corp.'s performance and potential growth.
Doug Wright Named CEO of ATS
New CEO Appointment: ATS Corp. has appointed Doug Wright as the new Chief Executive Officer, effective January 14, 2026, following a thorough search by the Board of Directors.
Interim Leadership: Ryan McLeod will remain as interim CEO until Wright takes over, after which he will return to his role as Chief Financial Officer.
Previous CEO Departure: Andrew Hider is stepping down as CEO to pursue a new opportunity outside the automation industry.
Stock Performance: ATS Corp. shares closed down 2.54% at CAD 36.90 on the Toronto Stock Exchange on the day of the announcement.
ATS Surpasses Important Moving Average Threshold
52 Week Range: ATS's stock has a 52-week low of $20.90 and a high of $32.73, with the last trade recorded at $27.56.
Moving Average Insight: The article mentions a link to find other stocks that have recently crossed above their 200-day moving average.
Author's Perspective: The views expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.
Stock Performance Context: The information provided gives a snapshot of ATS's stock performance within a broader market context.
ATS Q3 Earnings Exceed Expectations
- Strong Earnings Performance: ATS reported a Q3 Non-GAAP EPS of $0.48, beating expectations by $0.16, which highlights a significant improvement in profitability and boosts investor confidence.
- Robust Revenue Growth: The company achieved revenues of $760.7 million in Q3, representing a 16.7% year-over-year increase and exceeding market expectations by $225.19 million, indicating sustained strong market demand driving overall business growth.
- Improved Adjusted EBITDA: Adjusted EBITDA reached $105.2 million, up from $87.5 million a year ago, reflecting the company's success in cost control and operational efficiency.
- Stable Order Situation: Although order bookings were $821 million, down from $883 million a year ago, the order backlog remains strong at $2.053 billion, demonstrating the company's stability in the market and potential for future growth.
ATS Corporation to Report Q3 Financial Results on February 4, 2026
- Earnings Release Schedule: ATS Corporation will report its Q3 financial results for the period ending December 28, 2025, before market open on February 4, 2026, providing critical performance data for investors to assess the company's standing.
- Conference Call Details: The company will host a conference call at 8:30 a.m. Eastern on February 4, 2026, where management will present quarterly remarks and answer analyst questions, enhancing transparency and investor communication.
- Webcast Access: Investors can access the live webcast of the conference via the company's website, ensuring broad participation and information sharing, which strengthens interaction between the company and its investors.
- Replay Service: Following the call, ATS will offer a telephone recording service for one week, allowing investors who could not participate live to access the information, further enhancing accessibility and transparency of information.
CAE Appoints New CFO as ATS Executive Resigns
- Executive Transition: Ryan McLeod, CFO of ATS, will resign on February 15 and join CAE as CFO on February 23, overseeing global finance functions to support the company's strategic growth and operational performance.
- Transition Support: To ensure team continuity, McLeod will closely collaborate with CAE's interim CFO Constantino Malatesta, highlighting the company's commitment to management stability during this transition.
- Future Plans: CAE plans for current CFO Sonya Branco to step down at the end of August 2024, with McLeod's appointment following a comprehensive search process, indicating the company's rigorous approach to executive selection.
- Market Reaction: CAE's stock closed at $34.05 on the NYSE, up $0.90 from the previous day, reflecting a positive market response to the new CFO appointment.
ATS CORP: JP Morgan Increases Price Target to $35, Up from $33
- Target Price Increase: JPMorgan has raised the target price for ATS Corp. to $35 from $33.
- Market Implications: This adjustment reflects JPMorgan's updated outlook on ATS Corp.'s performance and potential growth.
Doug Wright Named CEO of ATS
New CEO Appointment: ATS Corp. has appointed Doug Wright as the new Chief Executive Officer, effective January 14, 2026, following a thorough search by the Board of Directors.
Interim Leadership: Ryan McLeod will remain as interim CEO until Wright takes over, after which he will return to his role as Chief Financial Officer.
Previous CEO Departure: Andrew Hider is stepping down as CEO to pursue a new opportunity outside the automation industry.
Stock Performance: ATS Corp. shares closed down 2.54% at CAD 36.90 on the Toronto Stock Exchange on the day of the announcement.
ATS Surpasses Important Moving Average Threshold
52 Week Range: ATS's stock has a 52-week low of $20.90 and a high of $32.73, with the last trade recorded at $27.56.
Moving Average Insight: The article mentions a link to find other stocks that have recently crossed above their 200-day moving average.
Author's Perspective: The views expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.
Stock Performance Context: The information provided gives a snapshot of ATS's stock performance within a broader market context.
